Mellanox Technologies, Ltd. , a leading supplier of high-performance, end-to-end smart interconnect solutions for data center servers and storage systems, announced today that its Ethernet solutions, including Spectrum switches, ConnectX-5 network cards and the LinkX family of cables were selected by the Tel-Aviv Stock Exchange for all of its communications infrastructures, from the commercial network ...

Trump signed an order late on Monday to halt what would have been the biggest-ever technology deal on concerns that a takeover of Qualcomm by the Singapore-based company would erode the United States' lead in mobile technology and give China the upper hand. The deal would have created the world's No. 3 semiconductor company with a leading market share in smartphones, car electronics and industrial internet devices.

Trump signed an order late on Monday to halt what would have been the biggest-ever technology deal on concerns that a takeover of Qualcomm by the Singapore-based company would erode the United States' lead in mobile technology and give China the upper hand. The deal would have created the world's No. 3 semiconductor company with a leading market share in smartphones, car electronics and industrial internet devices.

Following U.S. President Donald Trump’s order late yesterday ordering Broadcom (AVGO) to relinquish its hostile bid for fellow chip maker Qualcomm (QCOM), the Street is already asking what next mountain Broadcom might climb. Shares of Broadcom are up $3.56, or 1.4%, at $266.40. Qualcomm shares are down $3.34, or 5.4%, at $59.47.

NEW YORK, March 13, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...

NEW YORK, March 12, 2018 /PRNewswire/ -- Starboard Value LP (together with its affiliates, "Starboard"), the largest shareholder of Mellanox Technologies, Ltd. ("Mellanox" or the "Company") (MLNX), with an ownership interest of approximately 10.6% of the Company's outstanding shares, today announced that it has delivered an open letter to the shareholders of Mellanox.

Mellanox Technologies, Ltd. , a leading supplier of high-performance, end-to-end smart interconnect solutions for data center servers and storage systems, today announced that its Board of Directors is mailing a letter to shareholders emphasizing the importance of the Company’s extraordinary general meeting of shareholders and highlighting its long-term growth strategy and focus on operating margin ...

This could indicate that investors who seek to profit from falling equity prices are not currently targeting MLNX. Over the last one-month, outflows of investor capital in ETFs holding MLNX totaled $183 million.

Starboard Management, the activist fund that had been pestering chip maker Mellanox Technologies (MLNX), is still at it. The fund this afternoon announced it sent a letter to holders of the stock saying it still thinks "substantial changes are needed at Mellanox in order to best position the Company for future success and long-term shareholder value creation." After Starboard, which owns 10.6% of the shares, in January sent a letter to shareholders, Mellanox went on to beat Q4 expectations later that month. Some analysts concluded that Starboard had lit a fire under the company, prompting improved performance.

In the news release, Starboard Delivers Open Letter to Mellanox Shareholders, issued 07-Mar-2018 by Starboard Value LP over PR Newswire, we are advised by Starboard that the link to the open letter should ...

Mellanox Technologies, Ltd. , a leading supplier of high-performance, end-to-end smart interconnect solutions for data center servers and storage systems, today announced that it intends to hold an extraordinary general meeting of shareholders in May 2018.

Mellanox Technologies, Ltd. , a leading supplier of high-performance, end-to-end smart interconnect solutions for data center servers and storage systems, today announced the release of Mellanox Onyx – the industry-leading open and flexible Ethernet Network Operating System for Mellanox Spectrum Open Ethernet switches.

NEW YORK, NY / ACCESSWIRE / February 23, 2018 / U.S. equities recovered on Thursday with the Dow Jones and S&P 500 closing in the green. The Federal Reserve released minutes from their Wednesday meeting ...

Shares of server computer connections maker Mellanox (MLNX) are up $3.55, or almost 6%, at $66.50, in late trading, after the company announced this afternoon, after market close, that its revenue this quarter will come in higher than the forecast it offered a month ago, as customers buy more connections at speeds of 25 billion bits per second. In a note to clients this evening, Summit Insights Group analyst Srini Nandury reiterates a Buy rating on Mellanox stock, and a $75 price target, writing that "Mellanox is executing better than its competitors and its diversification strategy is obviously paying off." Added Nandury, "With Broadcom (AVGO) focused on acquiring Qualcomm (QCOM) and Marvel (MRVL) trying to complete its acquisition of Cavium, we believe Mellanox will likely remain the leader." Mellanox now sees Q1 revenue in a range of $240 million to $250 million, up from the range of $222 million to $232 million that it had offered back on January 18th, which was already above consensus at the time.